Platypus

Platypus

Platypus introduces a new AMM for stableswap on Avalanche, focusing on open liquidity and single-sided AMM.
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Platypus Finance


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Description

Platypus is a new kind of AMM for stableswap on Avalanche, featuring open liquidity single-sided AMM that manages risk autonomously based on the coverage ratio, allowing maximal capital efficiency.

TVL: $112K

Hack: Exchange (DEX) Reentrancy ($52K)
Hack: Exchange (DEX) Flash Loan Attack ($8.5M)

Chains:
Avalanche